27th Oct 2010 07:00
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
VPhase Plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation:
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Legal & General Group Plc (Group)
Legal & General Investment Management Limited (LGIM)
Legal & General Group Plc (L&G)
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4. Full name of shareholder(s) (if different from 3.):
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Legal & General Assurance Society Limited (LGAS & LGPL)
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5. Date of the transaction and date on which the threshold is crossed or reached:
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25 October 2010 |
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6. Date on which issuer notified:
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26 October 2010 |
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7. Threshold(s) that is/are crossed or reached:
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Group (Above 5%)
LGIM (Above 5%)
L&G (Above 3%) |
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8. Notified details:
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A: Voting rights attached to shares
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Class/type of
shares
if possible using
the ISIN CODE
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Situation previous
to the triggering
transaction
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Resulting situation after the triggering transaction
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Number
of
Shares
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Number
of
Voting
Rights
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Number
of shares
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Number of voting
rights
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% of voting rights
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Direct
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Indirect
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Direct
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Indirect
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Ordinary 0.25p
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Below 3% (L&G) Below 5% (LGIM)
(As on First notification under DTR Source Book)
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45,000,000 45,000,000 5.61%
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted.
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% of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to |
% of voting rights
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Nominal |
Delta
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Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
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45,000,000 (L&G) |
5.61% |
| 45,000,000 (LGIM) | 5.61% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Legal & General Group Plc (Direct and Indirect) (Group) (45,000,000 – 5.61% =
Total Position)
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (45,000,000 – 5.61% = Total Position)
Legal & General Investment Management Limited (Indirect) (LGIM) (45,000,000 – 5.61% = Total Position)
Legal & General Group Plc (Direct) (L&G) (45,000,000 – 5.61 % = LGAS, LGPL & PMC)
Legal & General Investment Management Legal & General Insurance Holdings Limited
(Holdings) Limited (Direct) (LGIMHD) (Direct) (LGIH) (45,000,000 - 5.61% = LGAS & LGPL)
Legal & General Assurance (Pensions Legal & General Assurance Society Limited Management) Limited (PMC) (LGAS & LGPL) (45,000,000 - 5.61% = LGAS & LGPL)
Legal & General Pensions Limited (Direct) (LGPL)
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Proxy Voting:
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10. Name of the proxy holder:
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N/A |
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11. Number of voting rights proxy holder will cease to hold:
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N/A |
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12. Date on which proxy holder will cease to hold voting rights:
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N/A |
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13. Additional information:
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Notification using the total voting rights figure of 802,210,361 |
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14. Contact name:
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Paul Toon (LGIM) |
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15. Contact telephone number:
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020 3124 3854 |
Related Shares:
365.LLegal & General